In regards to point 3, I think it goes without saying for everyone in this thread, myself included. I'm doubtful we get much reaction, Israel telegraphed that this was coming, so its kinda baked into the price...I think if Iran stays quiet gold ...

Gold

I guess here's how I look at things. Weekly: We've put in a ATH weekly close. Daily/4HR: We've broken the downward structure that had developed since Monday We're below the ATH, but I'm probably going to look for longs, truthfully I would not be ...

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Gold to the highs is what this is telling me...long live the king.

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Don't be like me, all of my meters for short term trades were absolutely at the max, so I took a wee scalp looking for $2-3 and found it and just cleared the deck of my entry. And I thought this was gonna be a sell day...

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Who knows, the thing is it could break structure and take out yesterday's high and then on Monday murder last weeks lows, it has a tendancy to follow structure, until it doesn't.

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Nice gold, Nice...I'm frequently reminded that I mught have a good idea of where we end up, but the path we take never seems to be as simple in my head. Its why I struggle to get too bearish on gold.

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If it pushes up 2733 I'll add to my short.. Then it's just wait and see

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Short from 2729 - stop at 2742 - TP Weekly low

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I'm still dubious its a long term high, I mean 2687 hit and then drifted down for a week got near the previous ATH and swing high and took off from there...I'm not saying that's what it will do, but my confidence on bigger longer shorts will be once ...

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It should pump up to 2725-28 at some point, though price seems pretty subdued but price has flattened out on the LTF...There are no promises in life, people might be sitting on buys until price gets down to 2707, as its an area where the 1 hour and ...

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Welp there is no bounce to gold today, so looks like a short day.

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Amen - Trade the chart in front of you My bias is up until there is a clear HTF break of structure and then we'll see how we can trade down the mountain.

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As far as the wider piece, we've failed to break the key level and made a lower high and higher low aka consolidation, so gold is gonna do what it do and annoy everyone There is no structural or fundamental reason why gold can't do another leg up ...

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I guess its a mix of betting websites and things understanding his advantage in the in the electoral college.

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She may lose, looks to be a 55% chance of that approximately right now, but its all within a standard polling error, so best to not lose sleep over it. As far as the Fed - A bunch of countries had the same problem, over the same timeframe and had ...

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You're not discussing facts - The fact that Bolton wanted to strike Iran and they did strike Iran? Half the reason Iran has been in a tissy for the last 5 years... So the Fed does probably set the most important guidance, but there are multiple ...

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I think you should leave the politics at the door. I think there are some massive holes in your logic, but directionally I agree His fiscal policy is highly inflationary which is typically good for gold, he's unlikely to be able to stop wars, can ...

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I do think you'll find it will be less surprising if Trump wins this time around, polls and prediction markets have him even to favourite, so unlikely we get the shock of 2016...probably will still be a good reaction.

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You always seem to be doing the opposite of me

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Dunno, price isn't finding acceptance over the 50 hour, but we're above the 20 and the 100, so probably just a matter of time...so yeah unless news scares gold,were likely pushing higher...yesterdays open would be my target.

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